NOT LISTED FOR SALE

7202 Timothy Dr Concord, NC 28025

Estimated Value: $545,000 - $611,000

3 Beds
2.5 Baths
2,121 Sq Ft
$272/Sq Ft Est. Value

Last Sold December 03, 2020

Last sale price $385,000 $182 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,314/month

67 Days on Market

Highlights

  • Community Lake
  • Pond
  • Transitional Architecture
  • Private Lot
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of December 2020

!!! Only house in Mt. Pleasant School district for sale Priced under $425,000 !!! CUSTOM ALL BRICK HOME WITH OVER 4000 SQ FT AND 2 1/2 ACRES OF PRIVACY !!! NO HOA DUES ON THIS SIDE OF THE STREET IN THIS NEIGHBORHOOD per Owners / High volume ceilings throughout entire home with Beautiful interior trim package of crown moldings, chair-railing, etc / Nice Hardwood floors / There are several Lakes & Ponds within the neighborhood / Full unfinished Basement rough plumbed for bath and kitchen per sellers as well as framed for bedrooms, great room & bonus-theater / Appointment Required to disarm security system in advance / Basement see-thru FP & Great Room FP has gas logs "as is" - no known issues / Mt. Pleasant Schools #1 / gis maps are incorrect. Seller has had property line verified, there is no garage encroachment / *** PLEASE NO SHOES INSIDE HOME ...... New Carpet ***

Last Agent to Sell the Property

Scott Brewer

Bestway Realty License #156150 Listed on: 08/28/2020

Co-Listed By

Harold Blackwelder

Bestway Realty License #168806

Last Buyer's Agent

Olga Leggett

K2 Real Estate Group License #234194

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1999

Lot Details

  • Private Lot
  • Many Trees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Tray Ceiling
  • Vaulted Ceiling
  • Fireplace
  • Insulated Windows
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet
  • Garden Bath

Additional Features

  • Pond
  • Septic Tank

Community Details

  • Community Lake

Listing and Financial Details

  • Assessor Parcel Number 5567682705

Home Details

Home Type

Single Family

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story Basement
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 0.96250
  • Ratio Close Price By Original Li: 0.90588
  • Ratio Current Price By Acre: 152173.91
  • Ratio Current Price By Sq Ft: 181.52
  • Year Built: 1999
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance, Basement Partially Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Cooktop Electric, Dishwasher, Disposal, Downdraft Cooktop, Electric Dryer Hookup, Exhaust Fan, Ice Maker Connection, Microwave, Refrigerator, Security System, Wall Oven
  • Fireplace Description: Great Room, See Thru
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Basement Shop, Garden Tub, Kitchen Island, Pantry, Tray Ceiling, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2121
  • Total Sq Ft: 2121
  • Sq Ft Unheated Basement: 2098
  • Sq Ft Unheated Total: 2098

Exterior Features

  • Construction: Brick Full
  • Construction Type: Site Built
  • Exterior Features: Fenced Yard

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Garage - 2 Car, Garage Door Opener, Keypad Entry, Side Load Garage

Utilities

  • Heating: Central Air, Heat Pump - Heat
  • Sewer: Septic Installed
  • Water: Well Installed
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Lake, Pond

Schools

  • Elementary School: A.T. Allen
  • Middle School: Mount Pleasant
  • High School: Mount Pleasant

Lot Info

  • Lot Dimension: per plat
  • Lot Features: Paved Frontage, Private, Trees
  • Lot Size Area: 2.530
  • Parcel Number: 5567682705
  • Plat Book Slide: 22/27
  • Zoning Specification: AO

Tax Info

  • Tax Value: 380600.00
  • Tax Location: Cabarrus

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2020
Closed on
Dec 1, 2020
Sold by
Smith Gregory Louis and Smith Tanya T
Bought by
Brisson Penny W
Seller's Agent
Scott Brewer
Bestway Realty
Buyer's Agent
Olga Leggett
K2 Real Estate Group
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%
Current Estimated Value
$576,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,058
Avg. Annual Appreciation
8.57%
Original Mortgage
$303,000
Outstanding Balance
$268,569
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$307,489

Purchase Details

Closed on
Jun 26, 2020
Sold by
Taylor Jack L and Taylor Barbara B
Bought by
Smith Tanya T and Smith Gregory Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2020
Sold by
Taylor Jock L
Bought by
Taylor Barbara B

Purchase Details

Closed on
Jan 20, 1998
Sold by
Rolland Phillips E and Rolland Teresa
Bought by
Taylor Jack L and Taylor Barbara B
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brisson Penny W $385,000 Chicago Title Insurance Co
Smith Tanya T $376,000 None Available
Taylor Barbara B -- None Available
Taylor Jack L $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brisson Penny W $303,000
Previous Owner Smith Tanya T $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2020 12/03/20 Sold $385,000 -3.7% $182 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/09/2020 10/09/20 Price Changed $399,999 -3.6% $189 / Sq Ft
09/30/2020 09/30/20 Price Changed $414,900 -2.4% $196 / Sq Ft
08/28/2020 08/28/20 For Sale $425,000 -- $200 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,502 $525,850 $76,000 $449,850
2024 $3,502 $525,850 $76,000 $449,850
2023 $2,896 $348,120 $30,000 $318,120
2022 $2,896 $348,120 $30,000 $318,120
2021 $2,896 $348,120 $30,000 $318,120
2020 $3,167 $380,600 $30,000 $350,600
2019 $2,376 $285,600 $27,000 $258,600
2018 $2,319 $285,600 $27,000 $258,600
2017 $2,262 $285,600 $27,000 $258,600
2016 $2,262 $284,890 $33,750 $251,140
2015 $2,256 $284,890 $33,750 $251,140
2014 $2,256 $284,890 $33,750 $251,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3655764

Canopy MLS (Canopy Realtor® Association)

APN: 5567-68-2705-0000